The fall in Jet Airways' revenues was mostly due to lower proceeds from aircraft rentals as that recalled its aircraft and started testing them to start operations in India once again.
The company said in a statement here that this selection will provide a range of technology platforms to support Jet Airways’ relaunch as a people-focused airline for the digital age.
Jet Airways is set to relaunch commercial operations in September 2022.
New Delhi, Jul 26 Jet Airways on Tuesday started the process for hiring pilots for Airbus' A320 aircraft as well as Boeing's 737NG and 737Max plane..
The banks have told the Jalan-Kalrock consortium that they will apply for liquidation if lease rentals are not distributed to the verified lenders, the report said
The airline's board was expected to meet on Monday to finalise the deal.
Tanay Palshetkar has been appointed as Assistant Vice President – Pricing and Revenue Management of Jet Airways
Airports often catch on to the financial downslide of an airline too late and subsequent efforts to enforce payments can turn counterproductive
Strict timelines prescribed under the code, multiplicity of cases and lesser number of tribunals have increased the backlog of cases
Akasa Air, a low-cost carrier backed by ace investor Rakesh Jhunjhunwala, is preparing to start flights by the end of July.
At the moment Jet Airways has not made a final decision on the type of aircraft it wants to procure and the contract is mostly going to depend on the manufacturer’s ability to deliver planes in a timely manner.
Airbus SE has emerged as the front-runner to win an order for as many as 50 aircraft worth up to $5.5 billion from Jet Airways India Ltd., people familiar with the matter said, solidifying the European planemaker’s hold in the world’s fastest-growing aviation market.
Jet Airways has received over 700 CVs in the five hours since it began its operational hiring on Friday and asked its former cabin crew members to rejoin the airline.
Aviation regulator DGCA had on May 20 granted Jet Airways a revalidated Air Operator Certificate (AOC), allowing the airline to resume commercial flight operations.
Indian lenders are left with no choice except liquidation of stressed assets under the bankruptcy code, thanks to a mismatch between the quoted value of the asset and the bid price, experts said.
The two airlines will be looking to scale up to 20 aircraft to become eligible to fly on international routes; for Air India, it’s time to get its act right with its fleet and expand to keep IndiGo at bay.
Jet Airways hiring: The right candidates must possess passion for work and the correct attitude, CEO Sanjiv Kapoor tells Moneycontrol.
Jet Airways has begun hiring for multiple positions after its air operator certificate was revalidated by the Directorate General of Civil Aviation.
The full service carrier had a standalone net loss of Rs 107.01 crore in the year-ago period, according to a regulatory filing.
In October 2020, the airline's Committee of Creditors (CoC) approved the resolution plan submitted by the consortium of the UK's Kalrock Capital and the UAE-based entrepreneur Murari Lal Jalan.
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This will allow the airline to resume commercial flight operations.
Jet Airways is set to get its permit revalidated after successfully completing all proving flights.
Jet Airways today concluded its second set of two proving flights with around 31 people which also included Directorate General of Civil Aviation officials. The airline had on May 15 conducted its first set of three proving flights on with 18 people.